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focusing on the auto industry, and significant auto manufacturing base taking credit for the survival of gm and chrysler. >> i understand governor romney has time in ohio because he was against it in the auto industry and hard to run away from that position when you're on videotape saying the words let detroit go bankrupt. dennis: geometrics or went bankrupt a merge with help in federal financing. governor romney's plan would government providing guarantees for post-bank of the financing. meanwhile in wisconsin governor romney hit his campaign closing argument. >> he is so sure of that he has one big plan for the next four years. he wants to take all the ideas from the first term, the stimulus, the borrowing, obamacare, all the rest and do it all over again. that idea can be boiled down to four words, more of the same. dennis: president obama spends all day in the buckeye state. back to you. cheryl: more breaking news continuing into fox business. fema now arriving in staten island. let's go back to the latest there. cheryl: this is national guard distributing supplies to people who need pa
focusing on the auto industry, and significant auto manufacturing base taking credit for the survival of gm and chrysler. >> i understand governor romney has time in ohio because he was against it in the auto industry and hard to run away from that position when you're on videotape saying the words let detroit go bankrupt. dennis: geometrics or went bankrupt a merge with help in federal financing. governor romney's plan would government providing guarantees for post-bank of the financing....
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Oct 31, 2012
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both chrysler and gm are firing back at romney. chrysler ceo said in a statement jeep assembly lines will remain in operation in the united states and will con sstitute th backbone of the grand. it is inaccurate to suggest anything different. a gm spokesman told the detroit news, quote, we've clearly enter ed some parallel universe during the last few days, no amount of campaign politics at its cynical worst will diminish the record of creating jobs in the united states. remember, this new romney jeep ad claims that all factual statements in it, the implication is different, but the statements themselves say jeep is being built in china, which the ad says for the implication, of course, is this idea that they're moving some operations out of ohio to china and that's what both gm and chrysler are fighting back on is that perception. ohio papers pummeling romney for the ad. they called it a ploy in an editorial yesterday and said romney is flailing in ohio. and don't forget that detroit, where the free press is heavily criticized rom
both chrysler and gm are firing back at romney. chrysler ceo said in a statement jeep assembly lines will remain in operation in the united states and will con sstitute th backbone of the grand. it is inaccurate to suggest anything different. a gm spokesman told the detroit news, quote, we've clearly enter ed some parallel universe during the last few days, no amount of campaign politics at its cynical worst will diminish the record of creating jobs in the united states. remember, this new...
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Nov 1, 2012
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when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the dleedo blade. the most read story today in the blade. in this town where mitt romney is running his madeup story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows who this is. when chrysler ceo marchionne says they're not moving jobs to china that is big town home town pamer news and when you as a candidate lie to the hometown crowd about the hometown news you cannot expect that lie to float. and it is not floating. the "columbus dispatch fact check" says, "oh, boy." cleveland plain dealer's er89 says "flailing in ohio romney rolls out jeep ploy." say what want about mr. romney's
when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the dleedo blade. the most read story today in the blade. in this town where mitt romney is running his madeup story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows who this is. when chrysler ceo...
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Nov 1, 2012
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in 09 teetering gm got billions. but the deal would not work without labor piece and the united auto workers wanted delphi members taken care of. delphi was and is gm's top parts supplier. they were wading through bankruptcy canceled employee pensions handing off the remains to a federal government a nightmare for delphi retirees. >> my pension went from 2,550 dollars a month to the government paying $335 a month. >> the folks at the international union wanted help. if gm restored the union's delphi pensions the uaw would go along with the bailout. gm agreed. >> when you heard the union pensions are being topped off you would think everybody would be treated fairly and equally. that was not the case. >> 20,000 salary delphi retirees got no pension bailout. many suspect they know why. >> the union had political connections and we do not. >> that's it? >> rose charges it was a simple political calculation a democratic president and his administration taking care of democratic ally organized neighbor. >> i believe in th
in 09 teetering gm got billions. but the deal would not work without labor piece and the united auto workers wanted delphi members taken care of. delphi was and is gm's top parts supplier. they were wading through bankruptcy canceled employee pensions handing off the remains to a federal government a nightmare for delphi retirees. >> my pension went from 2,550 dollars a month to the government paying $335 a month. >> the folks at the international union wanted help. if gm restored...
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Nov 1, 2012
11/12
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when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the dleedo blade. the most read story today in the blade. in this town where mitt romney is running his madeup story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows
when gm workers get transferred or walkway it's hometown news. in ohio it's your sister-in-law, it's your dad, it's you, right? look at this in the dleedo blade. the most read story today in the blade. in this town where mitt romney is running his madeup story about chrysler and jeep. number one, marchionne refutes romney's statement. would you know who this unidentified marchionne enough to make this the most popular story in your paper? the toledo blade knows
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Oct 31, 2012
10/12
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i've owned gm's as well. they never needed the money had they all got bailed out. i always thought they had a better brand and structure and better organizational company than gm. right, wrong or -- i could o be totally off base on this. that was the perception. i should pull the trigger on a day like today. but like i said, the soft spot continues. i'm still long for it. >> i'm long for it also. we bought more today. i think ford looks better at 11 and change than last week at ten and change. this quarter was great. a record quarter as the ceo mentioned. i think the u.s. has enough to carry europe through this soft spot. ford is a play on housing as housing picks up more ford pickup trucks. the setup -- >> i'm sure there are a lot of viewers thinking why does it look better -- we got results and we're very, very strong. was it so outside compared to what we knew last week that it justifies buying it 7% higher. >> great. when i said that, it was more on a technical plane. when it was getting up to 10.5 and falling off through 11 it looks like it dps higher. >> the
i've owned gm's as well. they never needed the money had they all got bailed out. i always thought they had a better brand and structure and better organizational company than gm. right, wrong or -- i could o be totally off base on this. that was the perception. i should pull the trigger on a day like today. but like i said, the soft spot continues. i'm still long for it. >> i'm long for it also. we bought more today. i think ford looks better at 11 and change than last week at ten and...
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Oct 30, 2012
10/12
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gm or the small businesses that we help cover have three basic types of risk. they have property risk, people risk and liability risk. and we walk each of our clients through an assessment to quantify their exposure and help them understand where they have the greatest gaps. >> obviously, the risks are going up tour brian's point, seems we are getting more and more natural dissasers of grand scale, tim. so, over time, will premiums have to go up? will prices go up for the businesses you insure? >> it meernts the amount of capital that the overall insurance market has and interesting to see went modeling finally comes out with the $5 to $10 billion of early estimates, what that's going to do with prices, probably increase prices in the near term. ex-poesh slurs going pup you the amount covered for businesses is increasing as well. >> ted devine, thanks for taking time with us on cnbc, ted. >> i really appreciate t. >> take care. >>> some of the nation's biggest department stores and chain stores are sill closed right now and you closed means they are not making
gm or the small businesses that we help cover have three basic types of risk. they have property risk, people risk and liability risk. and we walk each of our clients through an assessment to quantify their exposure and help them understand where they have the greatest gaps. >> obviously, the risks are going up tour brian's point, seems we are getting more and more natural dissasers of grand scale, tim. so, over time, will premiums have to go up? will prices go up for the businesses you...
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Nov 1, 2012
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gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that they have always had huge cash awards. >> the announcement is out, they have promoted a number, a series of people. joe henriks, president of the americas, even know dell, most, a number of different things including the promotion of fields. >> asia, africa is the rangernd a the ranger is selling very well. >> it's a big story, you got it here first. >> all right, a lot of people did. of course not the only story out this morning. if you do want to get the latest out of the recovery, sandy, remain without power in the storm region. some areas likely to be without -- some of you in t
gm had a good quarter too. gm is behind them in terms of this raushlization. obviously europe is just a disastrous report. latin america pretty good, asia had a swing. the most important thing is that he cannot leave until he gets through the problem. >> is it not good or bad that mallalay stays? so i'm good would it have been a bigger picture in europe of european ford if steel took over before rather than later. >> my feeling has always been you own the fords of the world is that...
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Oct 30, 2012
10/12
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obama took gm and chrysler into bankruptcy. d sold chrysler to italians who are going to build jeeps in china. >> reporter: after independent fact checkers raised questions about the ad, chrysler issued their own statement, writing, jeep production will not be moved from the united states to china. it's inaccurate to suggest anything different. but the romney campaign stands by the ad, noting to nbc news, that chrysler ceo never disputed any actual facts in tir ads. a couple things, the president still not campaigning on the campaign trail tomorrow, instead he will tour new jersey with governor christie tomorrow. mitt romney, is resuming a full campaign schedule tomorrow. he'll be in the battleground state of florida. >> thanks, chuck. >>> when we come back, back to our storm coverage, specifically, a moment of crisis for a big hospital that included a lot of newborns who needed to move quickly. [ dennis ] it only took two minutes for this town to be destroyed. to a little girl who lived through it, this is more than a teddy be
obama took gm and chrysler into bankruptcy. d sold chrysler to italians who are going to build jeeps in china. >> reporter: after independent fact checkers raised questions about the ad, chrysler issued their own statement, writing, jeep production will not be moved from the united states to china. it's inaccurate to suggest anything different. but the romney campaign stands by the ad, noting to nbc news, that chrysler ceo never disputed any actual facts in tir ads. a couple things, the...
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it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is evidence that this is 32 straight months of private sector growth, and you have mitt romney on the other side saying that it's a sad reminder that the economy is at a standstill. his own words. beyond the spin here, what do you think voters are hearing when they hear this number today, and does it even change their perception at all of how the economy is doing? to either one of you. >> suzanne, you know, the uptick is not great news for the obama campaign. it is still -- >> this is a 7.8% to 7.9%. >> that's the top line number that peop
it's the big gm lordstown plant. ohioans are really attached to the auto industry, and they definitely feel a lot of relief. there is three shifts going on at these plants. they were down to one in some cases and manufacture these plants were down to being shut. we are definitely sensing that people feel things are a little bit better. the question, suzanne, is who do they credit for that? >> and the other thing, too, is, of course, we've heard from the president saying, look, this is...
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Nov 1, 2012
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for all those reasons, gm. >>> am coulding up in the next hour on "mad money." cramer's exclusive with ceo. he's helping you stay diversified all coming up at the top of the hour. >>> the long lines at gas stations on the east coast are a stark reminder of our dependence on gasoline. stick around, mad money is coming up next 37 i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a few times before they're grown. but it's for them, so i've found a way. who matters most to you says the most about you. massmutual is owned by our policyholders so they matter most to us. massmutual. we'll help you get there. tdd#: 1-800-345-2550 this morning, i'm going to trade in hong kong. tdd#: 1-800-345-2550 after that, it's on to germany. tdd#: 1-800-345-2550 then tonight, i'm trading 9500 miles away in japan. tdd#: 1-800-345-2550 with the new global account from schwab, tdd#: 1-800-345-2550 i hunt down opportunities around the world tdd#: 1-800-345-2550 as if i'm right there. tdd#: 1-800-345-
for all those reasons, gm. >>> am coulding up in the next hour on "mad money." cramer's exclusive with ceo. he's helping you stay diversified all coming up at the top of the hour. >>> the long lines at gas stations on the east coast are a stark reminder of our dependence on gasoline. stick around, mad money is coming up next 37 i'll have more awkward conversations than i'm equipped for because i'm raising two girls on my own. i'll worry about the economy more than a...
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Nov 2, 2012
11/12
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it's not praying with the facts when gm and chrysler both say it's not true unless you produce facts and we've not seen it from the romney campaign that jobs are going to china, that their aassertion is true. then the opposite of truth is what? >> well, i mean, that's absolutely the right question to be asking. look, we've seen a lot of things said over the course of this campaign, so it's possible that the campaign making the calculation, hey, we could ain and maybe not getting called out on it. we have fact checkers and we have a great one here. i think everybody in the media is working especially in the final days to figure out what's true and what isn't. that's the reason ffs a significant risk. >> let me play what governor romney has said, david. i want to get your response. essaying don't look at the ads but the record. le met play what he said. >> look beyond the speeches and the attacks and the ads. look to the records toshgts accomplishments and the failures and judgments. word are cheap. >> the concern, at least i know for some democrats, is that this message of, hey, there
it's not praying with the facts when gm and chrysler both say it's not true unless you produce facts and we've not seen it from the romney campaign that jobs are going to china, that their aassertion is true. then the opposite of truth is what? >> well, i mean, that's absolutely the right question to be asking. look, we've seen a lot of things said over the course of this campaign, so it's possible that the campaign making the calculation, hey, we could ain and maybe not getting called...
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Nov 1, 2012
11/12
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helping that will be the fact that gm and nissan are out with special incentives. expect other automakers to duplicate those and come up with their own offers. quickly look at shares of the automakers and what they have done over the last three months. guys, the bottom line is this. you have a lot of people there who have damaged vehicles. they eventually will rebuy. the question is when. it's probably not going to happen in the next or so. when that inventory gets in there and they can get around to it, they will buy a new car. >> let's pose some questions to mark shineberg. great to have you on the phone, mark. you represent about 400 new car dealers. tell us about the impact they've seen and what they will be able to get back the lost inventory. of course, they lost inventory in the storm. >> yeah, the damage to the new car industry in the new york area has been quite severe. phil's number, 60% of the dealers are shut down, is exactly the kind of numbers that we're coming up. our field people are out there. we're calling our dealers, ask them how they're doing,
helping that will be the fact that gm and nissan are out with special incentives. expect other automakers to duplicate those and come up with their own offers. quickly look at shares of the automakers and what they have done over the last three months. guys, the bottom line is this. you have a lot of people there who have damaged vehicles. they eventually will rebuy. the question is when. it's probably not going to happen in the next or so. when that inventory gets in there and they can get...
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Nov 1, 2012
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obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. megyn: stu varney walks us through facts and fix with one of the hottest topics on the campaign trail with five days to go. new york city commuters enduring hours and hours -- normally we have an hour, hour and a half commute, that is not unusual for new yorkers. we are talking four, five hour commutes in bumper-to-bumper traffic to get in and do their jobs. like everyone else in the country the folks that work in manhattan need their paychecks. we are seeing vehicles packing the gas stations that still have fuel. some waiting in lines that are miles long but patients is not long it is short and it is getting shorter by the day. trace gallagher following the traffic nightmare, trace. >> reporter: before i show you more of the crazy pictures megyn and they are crazy i want to give you the problem in a nutshell, the new york metro area gets 25% of its gas from two refineries, those refineries are shut down. the new york harbor 20% comes through the new york harbor it's shut do
obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. megyn: stu varney walks us through facts and fix with one of the hottest topics on the campaign trail with five days to go. new york city commuters enduring hours and hours -- normally we have an hour, hour and a half commute, that is not unusual for new yorkers. we are talking four, five hour commutes in bumper-to-bumper traffic to get in and do their jobs. like everyone else in the...
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Nov 1, 2012
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president obama took gm and chrysler into bankruptcy. taxpayers still stand to lose $25 billion from the president's politically managed bankruptcy. these companies, chrysler in particular, we know their story, are now choosing to expand manufacturing overseas. these are the facts. >> remember the president talked about romnesia? well, it's contagious. congressman ryan. congressman ryan's caught it. let me tell you the facts. congressman ryan voted with us. he voted in the congress with us. >> joining me now, msnbc's joy reid and robert reich, former clinton labor secretary, university of california at berkeley economics professor, and author of "beyond outrage." joy reid, do you know florida? has no one told jeb bush this thing about his brother's lack of popularity with the american public? >> poor jeb keeps trying. he tried it at the convention too. he just tries to slip george in there every so often. >> you can't blame a brother, though. >> he loves his brother. you know, he keeps trying to get him back on the stage, and republicans
president obama took gm and chrysler into bankruptcy. taxpayers still stand to lose $25 billion from the president's politically managed bankruptcy. these companies, chrysler in particular, we know their story, are now choosing to expand manufacturing overseas. these are the facts. >> remember the president talked about romnesia? well, it's contagious. congressman ryan. congressman ryan's caught it. let me tell you the facts. congressman ryan voted with us. he voted in the congress with...
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Nov 1, 2012
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gm says lf the dealerships in new jersey are without power. some analysts who i talked to said they expect november sales to be down. who knows by how much. but they think actually some of those sales may be made up in december. and actually when you think about it, if there were people who weren't planning to buy a car but lost a car in the floods, they could end up making, having better sales than they had anticipated. >> sounds like a delayed sales as opposed to destroyed sales. it's dianesta broke tant in chicago >> susie: tom, it was a good day for the markets today. on reporting tonight from the nasdaq that is closed above the $3-- 3,000 level, best performance in five weeks and downtown at the new york stock exchange heavy volume, most of the dow components in the green today so a much more positive mood in the markets. >> tom: much more positive, much more constructionive. technology which had been a laggard, nasdaq, certainly knows this where you are at tonight t was one of the leaders today with the broad-based rally. let's get every
gm says lf the dealerships in new jersey are without power. some analysts who i talked to said they expect november sales to be down. who knows by how much. but they think actually some of those sales may be made up in december. and actually when you think about it, if there were people who weren't planning to buy a car but lost a car in the floods, they could end up making, having better sales than they had anticipated. >> sounds like a delayed sales as opposed to destroyed sales. it's...
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industry is back, and i'm in toledo where there is a jeep plant and i was in youngstown where the large gm plant exists. look at the swing states, florida, ohio and virginia and florida's unemployment rate is high er th higher that on the national average but virginia and ohio are lower. around here people are feeling good and like it is in an upswing. i'm in toledo and they have a good deal of vacancy in the downtown buildings, but they are coming back. the question is who do you credit? this state has a republican governor like florida and virginia and wisconsin and who to you credit for this? most people talking about here are showing what the polls are showing a slight edge for obama. and the question is who goes otut vote and whout to vote, and what happen s s toe undecideds, because there are still some. >> and we will let the viewers know how it stands in ohio. i though you have to get back on the tour bus. appreciate your doing that for us. >>> and the key battleground state ohio, and no offense, florida, because we love you, too. but i want to let you know about a buckeye presiden
industry is back, and i'm in toledo where there is a jeep plant and i was in youngstown where the large gm plant exists. look at the swing states, florida, ohio and virginia and florida's unemployment rate is high er th higher that on the national average but virginia and ohio are lower. around here people are feeling good and like it is in an upswing. i'm in toledo and they have a good deal of vacancy in the downtown buildings, but they are coming back. the question is who do you credit? this...
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Oct 29, 2012
10/12
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obama took gm and chrysler into bankruptcy and sold chrysler into china aen the italians. >> that ad is drawing an awful lot of heat that chrysler is outsourcing its jeep production into china. they say they have no intention of shifting american production overseas but there are talks of putting a jeep assembly plant in china to serve the growing demand, not to close one here in the united states in order to make way for the one in china. for the first time in 40 years iowa's largest new hampshire endorsing a republican. they cited his flesh economic vision. although they supported president obama in 2008, they're saying romney is more likely to work across the aisle. the paper asked which candidates could forge the compromise. when it's asked like that, mitt romney is the one they believe. romney has made rebuilding the economy his number one campaign priority and rightly so. that's from the des moines register. obama deputy campaign manager stephanie cutter dismissed the endorsement yesterday morning. >>> it was a little surprising to read that editorial because it didn't seem to
obama took gm and chrysler into bankruptcy and sold chrysler into china aen the italians. >> that ad is drawing an awful lot of heat that chrysler is outsourcing its jeep production into china. they say they have no intention of shifting american production overseas but there are talks of putting a jeep assembly plant in china to serve the growing demand, not to close one here in the united states in order to make way for the one in china. for the first time in 40 years iowa's largest new...
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Oct 31, 2012
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FBC
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back to nicole petallides to talk about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after being closed for two days and many of these have no self service or internet service but nyse systems able to trade electronically and full force smooth opening for the new york stock exchange. when i talked with duncan neiderauer and he talked about electronic opening the truth is these big companies, goldman sachs and j. p. morgan would have to bring in someone somewhere even if we were trading electronically and just for keeping people lot of harm's way is what he meant when he talked about it being irresponsible to open any earlier than today. the pr
back to nicole petallides to talk about that and gm today. nicole: the play-by-play, the best decision of all for everybody but we are talking about ford and gm, up arrows today and 6.5%, general motors trading upwards of 7% and both of these coming out. board yesterday and today general motors beat the street. they could see weakness in europe but this does not come as a surprise. the u.s. automakers are having a nice showing on this first day of trading. certainly a monumental opening after...
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. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central focus of the debate. we have spoken to senators on both democrat and republican sides of the aisle, senator rob portman and sherrod brown about this ad. take a listen. >> i say it is the most disingenuous ad i've ever seen. they know better. they know the auto rescue worked. they know that ohio reasons connected directly or indirectly to the auto rescue and they know that governor romney and my opponent's opposition to the auto rescue, they're trying to crowd the issue and it is pretty outrageous. >> it is their game to the extent it is reported in the media and that's all they have said, there is reports this coul
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. >> political contributor john avalon is joining us from youngstown, ohio. john, i understand that, first of all, there has been some pushback from the auto industry execs over the ad. how is this playing out? >> suzanne, it is fascinating. the auto industry here is a political issue, it is a personal issue, it is a pocketbook issue. it is very much a central...
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the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay. >> willie, what do you think of cargate? >> cargate. they shouldn't lie. >> i think it's subjectively untrue. the ad. i think that pretty much ends it, right? it's false. no? >> what romney said on the stump was false. the ad is true. >> right. >> it's misleading, but it's true. >> explain what you mean. >> i'm sorry. what? >> production in the u.s. that exists. they're making jeeps in the u.s., selling them in the u.s. they're talking about making jeeps to sell in china in china. romney initially suggested on the stump, wrongly, that they were going to move all jeep production to china, including selling -- bu
the ad says under president obama, gm cut 15,000 jobs and planning to double the number of cars built in china. and the ad said chrysler also plans to start making jeeps in china. but a general motors spokesman told "the detroit free press," quote, we've clearly entered some parallel universe during these last few days. no amount of campaign politics at its cynical worst will diminish our record of creating jobs in the u.s. and repatriating profits back into this country. okay....
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Oct 30, 2012
10/12
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he's supported by lee aiko can and gm. he sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >>> i'm mitt romney and i approved this message. >> mitt romney did actually say he'd let detroit go bankrupt and he opposed the bailout and said if we did it it you could kiss the automotive industry good-bye and that didn't really work out. when they endorsed him, they said in spite of him screwing up so badly. the point where they say barack obama sold gm to italians who are going to build jooirps in china. this appears to be a spin on this ad from ohio last week. >> i saw a store today, one of the great manufacturers in this state, jeep. now owned by the italians, thinking of moving all production to china. i will fight for every good job in america and i'm going to fight to make sure trade is fair and if it's fair america will win. >> that line about jeep moving american jobs to china? moving all production to china? that is not true. chrysler is not moving its produ
he's supported by lee aiko can and gm. he sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >>> i'm mitt romney and i approved this message. >> mitt romney did actually say he'd let detroit go bankrupt and he opposed the bailout and said if we did it it you could kiss the automotive industry good-bye and that didn't really work out. when they endorsed him, they said in spite of him screwing up so badly. the point where...
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Nov 3, 2012
11/12
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CNNW
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obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney, and i approve this message. >> all right, barbara. so forget for a moment that both general motors and chrysler have decried this ad as either false or misleading. but in the ad, governor romney says he has a plan for the auto industry. i'm curious about what is and why we haven't heard much about it until just a week before the election. >> as the ad itself says, major executives support governor romney and have point out people on the obama economic council are supporting mitt romney, because he does have a plan on day one to turn this country around in terms of jobs. and with the auto economy and everything else, you need to put people back to work. on day one, he is going to get the energy economy going and allowto allow us to have keystone pipeline opened up, and then he is going to increase economic opportunity for everybody, so that's why he's having so many people, even people on the president's own e
obama took gm and chrysler into bankruptcy and sold chrysler to italians who are going to build jeeps in china. mitt romney will fight for every american job. >> i'm mitt romney, and i approve this message. >> all right, barbara. so forget for a moment that both general motors and chrysler have decried this ad as either false or misleading. but in the ad, governor romney says he has a plan for the auto industry. i'm curious about what is and why we haven't heard much about it until...
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Oct 31, 2012
10/12
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FBC
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when you look at ford and general motors after their quarterly reports, gm reported today. ford actually reported yesterday despite the stock exchange was closed. both reports were good. both beat the street. both are up arrows. ford is up 6 1/2%. gm is doing really well after beating the street. they are seeing numbers surpassing estimates. tomorrow, we'll be key for auto sales. we'll get in other economic news. weekly jobless claims. friday will be the jobs report. certainly everybody is trying to get back to a sense of normalcy here. i'm hearing about guys talking about sleeping in host tolls, going to homes with power. everybody is contending and juggling a lot as they try to continue to keep markets running smoothly. back to you. cheryl: nicole, thank you very much. got brakinging news. ashley: we certainly do. the "new york post" reporting that mayor bloomberg will temporarily be banning passenger cars from entering manhattan. of course this is the as the city struggles to recover from hurricane sandy. the streets today were absolutely at a standstill. took people hou
when you look at ford and general motors after their quarterly reports, gm reported today. ford actually reported yesterday despite the stock exchange was closed. both reports were good. both beat the street. both are up arrows. ford is up 6 1/2%. gm is doing really well after beating the street. they are seeing numbers surpassing estimates. tomorrow, we'll be key for auto sales. we'll get in other economic news. weekly jobless claims. friday will be the jobs report. certainly everybody is...
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Oct 31, 2012
10/12
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. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who will build jeeps in china. >> not so bad says the ceo of chrysler issuing a statement reaching jeep production whether not be moved from the united states to china, it is inaccurate to suggest anything different. today president obama tours the storm devastation in atlantic city and vice president biden makes two campaign stops in florida. mr. romney will also be in florida as he makes three stops. paul ryan will spend the day campaigning in his home state of wisconsin. let's get back to sandy, because two of the three major airports serving the new york area, kennedy and newark, they'll start to reopen with limited service later this morning, but the super storm created a worldwide ripple effect. many are still stranded overseas. so we want to check in with michelle kosinski from london. good morning. >> reporter: right, it does have that sort of snowballing effect that we see with any major travel destruction around the world, but of course this is a big one with so many airports closed for more than o
. >> obama took gm and chrysler into bankruptcy and sold chrysler to italians who will build jeeps in china. >> not so bad says the ceo of chrysler issuing a statement reaching jeep production whether not be moved from the united states to china, it is inaccurate to suggest anything different. today president obama tours the storm devastation in atlantic city and vice president biden makes two campaign stops in florida. mr. romney will also be in florida as he makes three stops....
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Oct 29, 2012
10/12
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i do have gm and nissan and toyota with bodine motors. everybody talks about this. it is the out-of-control regulation, the difficulty we have with trade issues right now. that's why mitt romney has laid out a plan to create 12 million american jobs making america more business-friendly and reducing this regulation. >> and yet, the numbers, the at least from chrysler, they felt so compelled about what mitt romney was saying on the campaign trail that they issued a statement to say, not only are they not moving jobs to china, in fact, the company has nuns announced plans to hire an additional 12,000 workers in detroit. that will contradict what you say are concerns about auto workers? >> i don't see it as a contradiction at all. i think it is a testament to american ingeneral new at this time that people move forward to manufacture in this country. epa and government regulators are making it more and more difficult every single day. this is what we hear from so many of our manufacturers, large and small. >> let me really quickly play for you a clip that the president
i do have gm and nissan and toyota with bodine motors. everybody talks about this. it is the out-of-control regulation, the difficulty we have with trade issues right now. that's why mitt romney has laid out a plan to create 12 million american jobs making america more business-friendly and reducing this regulation. >> and yet, the numbers, the at least from chrysler, they felt so compelled about what mitt romney was saying on the campaign trail that they issued a statement to say, not...
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Oct 31, 2012
10/12
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with this heavy pushback of gm and chrysler do you think that the romney campaign anticipated this at all and why continue to defend the ad and not pull it down? >> i have no idea whether they anticipated to get this kind of pushback. but as we wrote and you just mentioned, the body language to have to resort to this sort of ad looks to be a game changer. if you are up in the tracking you don't run an ad like that. trying to really change the conversation. trying to muddy the waters. that's something you typically do when you're behind. the romney campaign insists to me we feel like we're in a very good position in ohio. we're within striking distance but the polls show president obama with a five-point lead. some had it smaller. >> quickly, they say the economy is improving and according to the polls most give president obama a credit for. >> we're actually seeing that people voting for president obama supporting him in polls optimistic and bullish on the state of the economy. if you're a romney voter or you're leaning towards romney in the polls probably have the opposite view. that
with this heavy pushback of gm and chrysler do you think that the romney campaign anticipated this at all and why continue to defend the ad and not pull it down? >> i have no idea whether they anticipated to get this kind of pushback. but as we wrote and you just mentioned, the body language to have to resort to this sort of ad looks to be a game changer. if you are up in the tracking you don't run an ad like that. trying to really change the conversation. trying to muddy the waters....